McDonald’s UK raises price of cheeseburger for first time in 14 years

Price jumps by fifth to 1.19 with immediate effect and other increases will follow as costs soar

McDonald's has announced a supersized price increase, putting up the price of a cheeseburger by a fifth to 1.19 with immediate effect.

The chain blamed its first cheeseburger price hike in 14 years on soaring costs and said other big price increases were on the horizon.